Demand for mortgages declined for the second consecutive week, led by a dip in purchase mortgage applications — despite rates on a downward trend. The market composite index, a measure of mortgage ...
Home lending activity slowed for the fourth time in five weeks, even as interest rates tapped on the brakes after their recent acceleration, according to the Mortgage Bankers Association. The MBA's ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.72% from 6.67% Applications to refinance a home loan fell 13% for ...